According to the Statistical Office in Estonia, construction output volume for the third quarter of 2010 came to a value of 364.6 million Euros . This figure is almost the same as that for the corresponding quarter in 2009 (371.3 million euros) and could be contrasted with the figure for the last year of the boom period, 2007, where construction output value stood at 747.1 million euros in the same quarter.
It would seem then that we will have to wait a little longer for evidence of recovery to make itself known in the construction sector.
[…] In Estonian Construction in 2010 Posted by andrew, on March 1st, 2011 As noted in an earlier post, the third quarter of 2010 showed no signs of recovery in the construction sector, at least if […]
[…] noted in an earlier post, the third quarter of 2010 showed no signs of recovery in the construction sector, at least if […]